All Forum Posts by: Mark Callicott

All 4 properties are occupied with tenants In place with excellent cash flow. Located in St Louis with property management in place for an out of area investor.

Asking $146000
Generating $3090 Monthly
25% Gross Return
Excellent price to rent ratio.

1516 Purdue St Louis Rented $750
10164 Lord Dr St Louis Rented $840
4652 Shirley Pl St Louis Rented $700
1844 Glenbrae Ln St Louis Rented $800

Closing to take place through Vision Title St Louis. Priced for quick sale. If interested please forward your contact info and I will email the spreadsheets with additional info, pics, proforma, and condition reports.

Link to Package Info Package of 8 Single Family Homes
Located in St Louis, MO
Asking $318,000
All have tenants in place generating a total of $5825 monthly

Health forces sale. Priced for quick sale. Closing to take place through a title company. Property management in place for the out of area investor.

Feel fee to contact me for more info. Packages like this that are fully occupied, in good condition, with excellent price to rent ratio are difficult to find.
Serious investors with funds in place only please. 

3 Properties in St Louis, MO with property management in place.

Asking $98000
Rent $2100
Repairs $2230 Property management is full service and would handle repairs and tenant placement for the buyer.

Excellent price to rent ratio. Priced below value for quick sale.

Feel free to contact me for more info.   [email protected]

11 Unit Apartment Building Fully Occupied and Well Maintained

5622 W Florissant St Louis, MO 63120

Asking $268000

Generating $4550 Monthly, Fully Occupied

10.8% Cap

Broker Price opinion at $375000

Priced below value for quick sale

Lots of equity at purchase

Property has been inspected and needed very little deferred maintenance.

Property management in place for the out of area investor.

Repair estimate $2870 Property management would handle the repairs.

2 story all brick building with 11-1 bedroom units. Highly visible on a major road with high traffic count and close to public transportation. Long term tenants in place. Off street parking lot in the rear as well as on street parking in front of the building. A health clinic was recently built next door.

Excellent opportunity for a high return, fully occupied building in good condition that is priced well below recent valuation by a licensed agent.

The St Louis market is extremely hot right now. Historically in any market with such low purchase prices and high rents there is appreciation due to investor activity. The numbers speak for themselves. Priced at less than $25k per door for a cash investor who can close quickly.

Click on the link for additional info 

Mark Callicott

5736297092

[email protected]

11 Unit Apartment Building Fully Occupied and Well Maintained

5622 W Florissant St Louis, MO 63120

Asking $268000

Generating $4550 Monthly, Fully Occupied

10.8% Cap

Broker Price opinion at $375000

Priced below value for quick sale

Lots of equity at purchase

Property has been inspected and needed very little deferred maintenance.

Property management in place for the out of area investor.

Repair estimate $2870 Property management would handle the repairs.

2 story all brick building with 11-1 bedroom units. Highly visible on a major road with high traffic count and close to public transportation. Long term tenants in place. Off street parking lot in the rear as well as on street parking in front of the building. A health clinic was recently built next door.

Excellent opportunity for a high return, fully occupied building in good condition that is priced well below recent valuation by a licensed agent.

The St Louis market is extremely hot right now. Historically in any market with such low purchase prices and high rents there is appreciation due to investor activity. The numbers speak for themselves. Priced at less than $25k per door for a cash investor who can close quickly.

Feel free to contact me for more info

Mark Callicott

5736297092

[email protected]

Property was just rehabbed and a tenant just placed with a new 1 year lease at $750 monthly.  Outstanding price to rent ratio.  Property management in place for an out of area investor.

Asking $39900

Appraised at $52000 on 10/18/17

Priced below value for quick sale

11 Unit Apartment Building

5622 W Florissant St Louis, MO

Fully Occupied and Well Maintained

Asking $298000

Grossing $4550 monthly

10.1% Cap

BPO just completed at $375000

Priced below value for a quick sale

All units are 1 bedroom with long term tenants. On a major road, easy to rent. Roof is 1 year old. Brick is in very good condition with no cracking or tuckpointing needed. A small clinic was just built next door. The units are all electric and are separately metered. Each unit had hotel style heating and a/c units installed.

Bring in a buyer who can close quickly and I will pay a $15000 joint venture fee. Or I would reduce the price by $15k if dealing direct with a buyer.

Numerous properties available. Feel free to contact me for more info.

Mark Callicott

[email protected]

5736297092

Property was just rehabbed and a tenant was just placed.  1 year lease starting Nov 1.  Excellent price to rent ratio.  Property management in place for the out of area investor.  

Rented at $750 monthly with $1000 deposit

Just appraised at $52000

Property management just inspected the property.  

Here is a link to the property info  https://1drv.ms/f/s!An_-7RiLhU5hwCvhvgZIgrVzo8Vz

Numerous properties available.  

Mark Callicott 5736297092   [email protected]

11 Unit Apartment Building

5622 W Florissant St Louis, MO Fully Occupied and Well Maintained Asking $298000 Grossing $4550 monthly 10.1% Cap BPO just completed at $375000 Priced below value for a quick sale
All units are 1 bedroom with long term tenants. On a major road, easy to rent. Roof is 1 year old. Brick is in very good condition with no cracking or tuckpointing needed. A small clinic was just built next door. The units are all electric and are separately metered.  Bring in a buyer who can close quickly and I will pay a $15000 joint venture fee. Or I would reduce the price by $15k if dealing direct with a buyer.   Here is a link to the property info https://1drv.ms/f/s!An_-7RiLhU5hwAnFpa_P_V24z0_F
Numerous properties available. Feel free to contact me for more info. Mark Callicott 5736297092 [email protected] www.investSFR.com

3 Bed 1 Bath St Louis, MO 63136

$39,900

Property Just Rehabbed

Quality Tenant Just Placed $750 monthly $1000 Deposit

23% Gross Return, Amazing Price to rent ratio

Turnkey and Cash Flowing

Priced Under Value

Property Management In Place For the Out of Area Investor

Property Walk Through Video:

https://www.youtube.com/watch?v=iY32Ly2wZh8&feature=youtu.be

Fence line was cleaned and the fence repaired

-HVAC co installed a furnace, condenser, cage and all new duct work.

-Gutters were cleaned out and secured

-Main drain was cleaned out and sewer is draining well

-New plumbing run throughout the house

-The hot water heater and expansion tank are new and permitted within the last month

-breaker box is up to code and was permitted per previous owner

-House was painted and trim painted

-Carpets were shampooed

-New carpet was installed in large 3rd bedroom

-Windows were freshly glazed and painted. Several have new pulls.

-Bathroom tub is newer with a newer surround from previous owner

-New bathroom floor was installed

-New bathroom mirror/cabinet installed

-installed blinds on all the windows

St Louis, MO is one of the top cash flow markets in the county and the price to rent ratio is incredible. Property Management handles the entire process for you. You cannot get these returns in your home market!

To learn more about this property and others feel free to contact me.

Mark Callicott

[email protected]

www.investSFR.com

5736297092